In the Money market which of the following statement's is/are incorrect?
1. The call money market deals in short-term finance repayable on demand, with a maturity period varying from one day to 14 days.
2. Treasury bills are instruments of short-term borrowing by the Government of India, issued as promissory notes under discount.
3. A reduction in the repo rate helps banks to get money at a cheaper rate.
4. Money market mutual funds invest money in specifically, high-quality and very short maturity based money market instruments. Correct Answer None of the above

শেয়ার করুন বন্ধুর সাথে

বিসিএস, ব্যাংক, প্রাইমারি সহ সরকারি বেসরকারি চাকুরীর পরীক্ষার প্রস্তুতির জন্য ডাউনলোড করুন Bissoy অ্যাপ

Related MCQ's